U.S. equity markets opened higher this morning and both the DJIA and the S&P 500 climbed to new intra-day highs (more coverage here). The Fed mistakenly released FOMC minutes early to some Congressional staffers…
ThinkstockAhead of the shareholders meeting schedule for this Friday, MetroPCS Communications Inc. (NYSE: PCS) may be getting an improved offer from Deutsche Telekom AG for the proposed merger with DT’s T-Mobile USA subsidiary. The…
ThinkstockThe U.S. Department of Agriculture (USDA) this morning released its monthly World Agricultural Supply and Demand Estimates (WASDE) report for April. The agency lifted its estimate on U.S. wheat stocks by 15 million bushels,…
thinkstockFollowing a rosy presentation at an analysts’ meeting yesterday, shares of First Solar Inc. (NASDAQ: FSLR) rose more than 45%, pulling a wagon load of other solar panel makers along with it. Today, JinkoSolar…
ThinkstockThe Organization of Petroleum Exporting Countries (OPEC) released its April Oil Market Report this morning. The cartel did not change its forecast for global demand growth of 800,000 barrels a day to a total…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories increased by 0.3 million barrels last week, bringing the total U.S. commercial crude inventory to 388.9…
ThinkstockWe recently have begun tracking short interest in the publicly traded companies that either make 3D printing systems or provide design and other services using the machines. As of March 28, short interest has risen…
Wikimedia CommonsIf losses totaling more than $16 billion over the past dozen or so years are not so bad, General Motors Co. (NYSE: GM) apparently thinks adding another $5.2 billion to the fire is…
ThinkstockWe have tracked the key short interest changes as of March 28 in the following semiconductor leaders: Intel Corp. (NASDAQ: INTC), Advanced Micro Devices Inc. (NYSE: AMD), Micron Technology Inc. (NASDAQ: MU), SanDisk Corp.…
ThinkstockWe have tracked the short interest in the following North American Solar companies as of March 28: Canadian Solar Inc. (NASDAQ: CSIQ), First Solar Inc. (NASDAQ: FSLR), GT Advanced Technologies Inc. (NASDAQ: GTAT), MEMC…
ThinkstockFamily Dollar Stores Inc. (NYSE: FDO) reported second-quarter fiscal 2013 results before markets opened this morning. The discount retailer reported diluted earnings per share (EPS) of $1.21 on revenues of $2.89 billion. In the…
thinkstockWe have tracked the key short interest changes as of March 28 in the following large cap stocks: General Electric Co. (NYSE: GE), Nokia Corp. (NYSE: NOK), Bank of America Corp. (NYSE: BAC), Verizon…
The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting an increase of 4.5% in the group’s seasonally adjusted composite index following a decline of 4% for the previous…
thinkstockHere are today’s five biggest gaining stocks at closing: First Solar Inc. (NASDAQ: FSLR)) is up 45.5% at $39.35. Allied Nevada Gold Corp. (NYSEMKT: ANV) is up 30.3% at $15.36. GAIN Capital Holdings Inc.…
U.S. equity markets opened a bit higher this morning following a middling earnings report from Alcoa Inc. (NYSE: AA) last night (more coverage here). Economic data was minimal in the U.S., but in Asia…
ThinkstockIn the disaster zone known as the solar sector, virtually all the news has been bad for so long that anything that smells like good news is jumped on as an excuse to buy…
Thinkstock Privately held agribusiness giant Cargill today reported that net earnings for the company’s third fiscal quarter ending in February fell 42% year-over-year to $445 million. Sequentially earnings rose from $409 million in the…
ThinkstockThe Office of the Comptroller of the Currency and the Federal Reserve said today that 4.2 million borrowers will begin receiving payments in the range of $300 to $125,000 beginning this week as a…
Courtesy Herbalife Ltd. Shortly after 11 a.m. ET this morning, Herbalife Ltd. (NYSE: HLF) announced the KPMG had resigned effective immediately as the nutritional food maker’s accounting firm. Shares of Herbalife did not open…
ThinkstockShares of footwear maker Skechers USA Inc. (NYSE: SKX) were halted at 10:27 a.m. ET this morning. The company, based in Manhattan Beach, California, may be the second firm from which KPMG resigned as…